It would ban a future terraUSD, at least temporarily, and create licensing rules for fiat-backed stablecoin issuers.
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Winklevoss Twins Lent Their Crypto Platform Gemini $100M: Bloomberg
The brothers had tried to get outside investment, Bloomberg said.
Crypto-Focused Menai Financial Group Shuttering Market-Making Business in London and Tokyo
The firm said it continues to invest in and expand its asset-management business.
Sushi DEX Recovers 100 Ether After Millions Lost on Weekend Exploit
‘White hat’ hackers are working to recover more of the stolen funds as of Monday.
First Mover Asia: Bitcoin Is Flat, Ether in the Red, as a Long Weekend Begins
It's a battle of bulls versus bears as the market gets a grip on reality, says Brent Xu, CEO of DeFi lender Umee. ALSO: CoinDesk columnist Daniel Kuhn writes that Elon Musk had the crypto world's attention again this week, but whether he helps DOGE is questionable at best.
India Targeting One Million CBDC Users in Three Months, Prioritizing Offline Transfers: Sources
Around 100,000 users have participated in the country's central bank digital currency pilot since it kicked off in December.
Binance Rejected Justin Sun’s Offer to Buy His Huobi Stake: Source
Binance has no interest in buying Huobi due to its rumored ties to China, according to a person familiar with the situation.
Do Kwon's Millions Are Not in South Korea, Prosecutors Say: Report
South Korea has requested the extradition of the Terraform Labs CEO after his recent arrest in Montenegro.
Ether Circles Above $1.9K as Shanghai Hard Fork Nears
Liquid staking tokens also rise on Wednesday. Bitcoin holds steady above $28,000.
Privacy-Preserving Payments Shouldn't Be 'Niche', Monero Contributor Justin Ehrenhofer Says
Cake Wallet's vice president of operations discusses privacy in a post-Tornado Cash world, global data policies and Monero's "technical debt" ahead of Consensus 2023.